Post
Topic
Board Development & Technical Discussion
Re: Hardware wallets still aren't secure, and they never will be. Use paper wallets
by
crwth
on 11/08/2019, 08:54:27 UTC
But if my leather wallet is empty, it's not like I'm going to get shot because they think I have $1000 stored somewhere else on my person. The mugger would run away.
Sure, but physical attacks with the aim of stealing bitcoin aren't happening by approaching random people on the street in the spur of the moment. The attack is targeted and planned, and the attacker usually knows the victim is holding a significant amount of bitcoin. Often they are home invasions, or fake meetups under the pretense of trading. If you initially refuse to hand over any bitcoin or wallet details, the attacker is unlikely to just say "Oh well" and leave.
What if this happens: Everybody in the world now uses cryptocurrency, whether it's bitcoin or not, it's widely applied. For sure there are criminals lurking and attacking innocent people. We are definitely not there yet but who knows, it's a great thing to think about. Imagine the move "In Time". Where time was the currency, but it's cryptocurrency. Or maybe it's the blockchain they are using? Lol